Coinbase raises USDC interest rate to 5%

cyptouser1 years ago384
Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% i...

Palau to discontinue dollar-based stablecoin two months after launch

cyptouser1 years ago360
Palau will end the pilot program of its U.S. Dollar-backed stablecoin efforts later this month, acco...

Global Stablecoins need governing body, pose risk to financial stability says IMF, FSB in new G20 re

cyptouser1 years ago298
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) published a...

Visa expands USDC settlements to Solana blockchain in partnership with WorldPay, Nuvei

cyptouser1 years ago447
Payment giant Visa has broadened its USD Coin (USDC) settlement capacities to the Solana (SOL) block...

Tether now a top global buyer of US Treasury bills amid market turmoil

cyptouser1 years ago382
Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposur...

Binance-backed BUSD circulating supply drops to less than $3B

cyptouser1 years ago397
The circulating supply of Binance USD (BUSD) has fallen to $2.8 billion, marking its lowest point si...

Coinbase to list PayPal’s PYUSD stablecoin

cyptouser1 years ago334
Coinbase to list PayPal’s PYUSD stablecoin
Coinbase announced on Aug. 30 that it will soon add support for PayPal’s st...

Binance nudges users towards FDUSD as it ‘gradually’ phases BUSD out

cyptouser1 years ago311
Binance has advised its users to convert their Binance USD (BUSD) holdings to First Digital USD (FDU...

Circle’s USDC will launch natively on Optimism, Coinbase’s Base next week

cyptouser1 years ago321
The major stablecoin company Circle said it will launch its USDC stablecoin nati...

Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

cyptouser1 years ago322
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto r...